Texmaco joint venture wins ₹132 crore wagon order

Texmaco Rail & Engineering Ltd. announced that its joint venture, M/s. Touax Texmaco Railcar Leasing Private Limited, has secured a substantial domestic order valued at ₹132 crore (excluding taxes). The contract is for the supply of a rake of BLSS Wagons, which includes both BLSS and BVCM wagons. This order is expected to be executed in tranches by July 2026.

The transaction involves Texmaco as one of the promoters of the awarding entity, M/s. Touax Texmaco Railcar Leasing Private Limited. Texmaco confirmed that this arrangement involved no conflict of interest and was conducted on an arm's length basis, ensuring fair terms. This information was disclosed in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.